Expert thought leadership from MOSIMTEC ...
Why Smart People Still Need Simulation Models
At MOSIMTEC, we often say our job is to answer the questions our clients are not asking. If a system has complex (or even simple) interactions and variability, chances are it will benefit from simulation.
Six Ways Digital Twins are Revolutionizing Manufacturing in 2024
In the age of Industry 4.0, smart manufacturing relies on multiple technologies to improve performance. One technology is digital twins (DT), which interact with AI, machine learning and more to help companies develop/maintain…
The 2024 Report on Digital Twins by NAE
The National Academy of Engineering, and National Academies of Sciences, Engineering, and Medicine, in collaboration with numerous other contributors, earlier this year released their consensus study report titled “Foundational Research Gaps and Future…
MOSIMTEC Case Study – Sibanye-Stillwater Nye Backfill Simulation (Process Digital Twin)
MOSIMTEC supported Sibanye-Stillwater (SS) at their Nye Mine. SS produces platinum, palladium and gold. The Nye Mine in MT is ~4 miles long and 4500 feet from top to bottom. MOSIMTEC developed a…
How Digital Twins Can Make Decarbonization a Reality in the Oil and Gas Industry
Per IOT World Today, companies across sectors have been tasked to decarbonize for many years. Leaders need strategies for net zero to meet company needs/public perceptions. For many firms, decarbonization methods work with…
MIT Technology Review: 10 Breakthrough Technologies for 2024
MIT Technology Review has an annual list of promising technologies that could have a major impact on the world. Here are their 10 technologies for 2024: AI for Everything. We are in the age…
MineTwin Simulation of Surface and Underground Mines
MineTwin (MT) is a configurable simulation-based decision support tool for underground and surface mines. It provides fast/powerful simulation models that consider constraints and inter-dependencies of real-world mines including: Development and production mining Flexible…
MOSIMTEC Attends 2023 AnyLogic Conference
2023 AnyLogic Conference MOSIMTEC presented at the 2023 AnyLogic Conference. It was a joint presentation with Crouch Engineering of a recent model developed for US Sugar using the AnyLogic cloud and rail library....
Predictive Healthcare Modeling Solutions
Healthcare facilities are a maze of interconnected systems. Without optimization, these systems can hinder output, patient care and customer satisfaction. MOSIMTEC’s healthcare simulation solutions can improve facility patient care flow, simulate any scenario…
Simulation Modeling for UAV Systems
Usage of drones for commercial purposes continues to grow every day. Drones can help in multiple industries – retail, agriculture, mining, oil & gas, rail and many more. A drone system comprises different…
Modeling and Simulation in the Oil and Gas Industry
The oil & gas industry is a hotbed of innovation, driven by the need to increase production, reduce cost, improve safety and cut the carbon footprint. Digital technologies are playing an increasing role…
Digital Twins in the QSR Industry – A Force for Change
The Quick Service Restaurant (QSR) industry is growing fast. Key challenges include meeting order demand at peak times, problems with procurement/inventory management, high delivery costs and staffing needs/levels. Companies also highlight significant challenges…
Digital Twins are Set for Rapid Adoption in 2023
Like AI a few years ago, digital twins (DT) have moved from highly specific applications into a widespread management best practice. DT is replacing historical data-driven models used for business strategy. Pharma/cosmetics companies…
Digital Twin Tech is Twice as Great as the Metaverse
Facebook went all in on the metaverse. They changed their name to Meta and spent billions, but now see a decline in excitement around the idea. They laid off thousands in their metaverse…
The New ASEM Engineering Management Handbook includes a practical application reference from MOSIMTEC
The Association for Engineering Management (ASEM) recently released the 3rd Edition of The Engineering Management Handbook, which includes a chapter on simulation with practical application case studies as part of the broader Operations…
MOSIMTEC Collaborates With Danish Technical University Students to Create UAV Model
In emergencies, internet can be cut which hinders communication for response/rescue. MOSIMTEC worked with Danish university students to create a UAV model to meet this need. The students evaluated key parameters such as…
How AI is Supercharging Digital Twins
ChatGPT has made AI a household word. AI is now taking Digital Twins (DT), a top technology trend, to the next level. AI can improve DT efficiency by providing insights beyond what real-world…
Monte Carlo Simulation of Financial Models
Monte Carlo Simulation of Financial Models Monte Carlo Simulation of Financial Models In this MOSIMTEC monte carlo simulation model built with AnyLogic, the user can enter a wide variety of input values to...
Digital Twins Facilitate Program Success in Defense Applications
Per Northrop Grumman (NG), the use of digital twins (DT) is key to digital transformation success. NG helped found the DT Consortium and works with government/industry partners to deliver DT benefits to the…
When to use an Event Graph
An Event Graph is a graphical representation of a discrete system for which a static simulation algorithm can work on. It is an intermediary step between system specification and simulation implementation. An Event…
Opinion: Digital Twin Development and Deployment
Per The AnyLogic Company, the key elements of a digital twin (DT) are a dynamic simulation model and data that reflect the current state of a live system. DT’s enable experimentation, analysis and communication,…
Opinion: Industry 4.0: Five Use Cases for Digital Twins in Connected Manufacturing
Industry 4.0 is causing a convergence of manufacturing processes and software in the industrial sector. DigitalTwin Technology GmbH (DT) is a software tool that empowers manufacturers to implement diverse Industry 4.0 business models…
An Intern’s experience at MOSIMTEC – Summer 2022
I(Coleman Kredich) have had the privilege to work for MOSIMTEC this past summer (2022). Going into this internship, I thought I was going to just be doing busy work (cleaning excel files, going...
Opinion: Top 10 Simulation and Emerging Technology Trends for 2022
Each year brings new technology trends. Many of these are now changing how we live and work – digital twins, IoT, remote work, crypto and more. So what are the emerging trends for…
Opinion: Top 10 Digital Twin Companies Impacting Industry 4.0 Innovations in 2021
Digital twins (DT) are virtual portrayals that act as the real-time digital equivalent of any physical asset or system. Per Emergen Research, the DT market is expected to reach $106 Billion by 2028…
Opinion: The Value of Digital Twin Technology for Healthcare
Hospitals are creating digital twins (DT) of patient care units. The DT can help enhance processes, improve patient experience, cut operating cost and increase care quality. Mater Misericordiae University Hospital in Dublin worked…
Opinion: The Benefits of Process Digital Twin Technology in the Mining Industry
Per Simio Software, Industry 4.0 systems such as IoT, big data, and AR will help mining companies achieve 10X ROI. Using process digital twin technology will enable a further leap in returns to…
Opinion: Digital Twins (DT) has more to it than just 3D representation
Digital twins (DT), virtual representations of the real world, are going mainstream in all shapes and forms. NVIDIA and Amazon Web Services (AWS) now offer simulation engines that allow businesses to build 3D…
Opinion: Digital Twins in the Oil and Gas Industry
The oil and gas industry is increasingly leveraging digital twins to improve decision-making. Per GlobalData Plc, COVID increased the need to reduce cost and make operations more sustainable with technology. GlobalData highlights projects…
Opinion: Risk-based Planning and Scheduling (RPS)
Traditionally, production plans and schedules are essentially obsolete given deviations from the original plan. Simulation and Risk-Based Planning and Scheduling (RPS), using Simio Software, incorporate inherent system variation in the plans/schedules, highlight schedule…
Opinion: Digital Twins role in Industry 4.0
Simulation/Digital Twins are a pillar of Industry 4.0. A Digital Twin (DT) is a virtual simulation of a real world machine, product, process or system based on sensor data or other data sources….
Simulation Software Selection – A Guide
A Guide to Simulation Software Selection A Guide to Simulation Software Selection “What is the best simulation package?” is a question MOSIMTEC consultants are often faced with. However, there is no single right...
Petrochemical Supply Chain Simulation
A chemical manufacturer was constructing one of the largest petrochemical facilities of its kind, designed and built in a single phase. The production facility had limited space for on-site storage and produced goods…
Opinion: A Digital Twin Replica of Your Business
Gartner identified “Digital Twins” as Top Ten Strategic Technology Trends for 2017, 2018 and 2019. A digital twin is a “dynamic virtual model of a process, product, or service, that enables companies to…
Opinion: MOSIMTEC Simulation & Modeling
Breathtaking changes in technology have led to immense changes in computer simulation. Simulations of today can process huge amounts of data, incorporate loads of variables and variability, and explore multiple options, including worst…
The Key Differences Between Simulation and Optimization
Photo: Unsplash Computers are well-suited for solving complex mathematical relationships involving large sets of variables. This capability sets them apart from humans; computers can be programmed to analyze relationships by solving the same...
4 Definitive Discrete Event Simulation Examples
(Source: Simio via AssemblyMag) In general, a business process would play out through multiple, different events in sequence. As an example, let’s think about a logistics chain involving a truck: it arrives at…
4 Types of Simulation Models to Leverage in Your Business
In an earlier post, we defined simulation as “a replication of a real-world process or event in an environment that is isolated or disconnected from its real-world counterpart.” The basic idea is to…
4 Agent Based Modeling Examples
(An Example of ABM in Agriculture Pest Control Studies. Source: University of Surrey) An agent-based model (ABM) analyzes the impact of an individual on a system, and vice-versa. The ‘individual’ could be a…
5 Essential Tips for Implementing Lean Manufacturing
Lean Manufacturing is undoubtedly a go-to methodology for improving complicated manufacturing processes. For many companies, the allure of eliminating wasteful processes and only delivering value to the customer is enticing. At its core,…
7 Key Advantages of Simulation for Business
A simulation is a replication of a real-world process or event in an environment that is isolated or disconnected from its real-world counterpart. This concept is best understood with an example: imagine building…
5 Types of Inventory Management to Get Your Expense Under Control
In the best of times, your inventory can be a profitable asset, and in the worst of times, a costly liability. Depending on the situation, too much or too little inventory can hamper…
5 Insightful Bottleneck Analysis Examples
Just when you thought that your assembly plant, mining operation, transporters, and team were working in unison to drive revenue growth goals, something caused it all to slow down or, worse, stop. That…
Value Stream Mapping Examples for Different Industries
In many industries, value stream mapping is a useful tool for visualizing the process it takes to deliver a product or service. In fact, the practice of value stream mapping is so valuable…
How to Find (and Eradicate) Bottlenecks in Manufacturing
Bottlenecks can be the bane of a project manager’s existence, especially if their mandate is removing obstacles and improving manufacturing efficiency. Bottlenecks are the processes in your system that limit its entire capacity,...
5 Killer Ways to Improve Manufacturing Efficiency
Regardless of your industry, improving efficiency is of paramount importance. After all, it can mean cutting down on costs, maximizing employee time, and in the case of manufacturing, improving throughput. Cutting-edge manufacturing firms…
12 Disastrous Operational Issues That Will Cost Your Business Millions
In the history of commerce, there’s never been a business that didn’t have its fair share of operational issues. And, as is often the case, the bigger the business, the more issues there…
An Intern’s experience at MOSIMTEC
Yusuke Legard is a Varsity Swim Team Captain at Duke University who interned at MOSIMTEC as a Simulation Consultant in the summer of 2018. The Men’s 100m Butterfly Final at the 2008 Beijing…
Walmart’s Alphabot Powered By MOSIMTEC Simulation Consulting
Simulation Modelling from MOSIMTEC critical in Walmart’s decision making process Herndon, VA: MOSIMTEC, a global leader in simulation modelling consulting, was vital to the decision making process behind Walmart’s new robotic-based system…
AnyLogic 8.3 – A Major Minor Release in Simulation Software
Amy Greer of MOSIMTEC began an interesting thread on our LinkedIn group. It details some of the useful changes beyond the headline updates in AnyLogic 8.3. We thought it was useful insight for people who model with AnyLogic...
Deploy Drones Effectively with Simulation
Drones are developing rapidly; their capabilities are increasing and the costs reducing. Their increased use will lift the UK GDP by 2% according to a PwC report. Certainly, they hold great promise, reducing …
What Insights Should You Be Providing to Stakeholders on Your Mining Project?
In the mining industry, stakeholders are of multiple types. Internally, there is the workforce – i.e. a critical driver to maintaining productivity. Externally, mining companies must contend with their shareholders/investors, governments, local populations…
The Most Important Operational Insights to Have on Your Mine
The challenges faced by the mining industry are only getting more complicated, but the call for reducing operational costs and increasing profitability are a constant regardless of the external factors (e.g. regulatory factors…
Top 5 Reasons Mining Projects Never Get Off the Ground
The inherent complexity surrounding mining projects makes these initiatives both very valuable and incredibly risky. In fact, the risk emerges right from the onset, i.e. simply proposing an exploration project could collapse following…
Digital Twin: A Digital Replica of Your Business
Businesses looking to stay ahead of the curve are constantly searching for new strategies that will put them ahead of their competitors. One such strategy is the “Digital Twin,” which Gartner identified as...
2017: Combating Modern-Day Slavery with a Systems Approach
The efforts of the US-based non-profit Global Fund to End Modern Slavery got a boost in its fight to combat modern day slavery with the funding from the United States Department of State.
Advice on Outsourcing Simulation Modeling
When business process simulation and modeling is not your core activity but a shared service in your organization, you should consider outsourcing that work to specialist firms like MOSIMTEC that can be more efficient and turnaround faster.
Better Staffing Through Simulation
While process simulation is not typically a mainstay of hospital planning, it is being used more frequently by organizations to better understand their systems. MOSIMTEC had the opportunity to work with a hospital…
Paris Agreement, Climate Change and Running a business: How computer simulations can help.
Every time a business faces uncertainty across the landscape and is unsure about what the problem is, where the solution lies or where to even start, Simulation modeling can be a handy piece…
Petroleum Storage and Transportation: Yes we simulate that, too!
MOSIMTEC has recently completed simulation models for clients in crude oil and refined products storage and transportation logistics. We wanted to share how our virtual tools (more accurately described as precision instruments) helped our…
MONEYBALL: Have you been at this table before?
Love the movie Moneyball. It is a great example of what numbers can do to answer those tough questions you have about your operations. How you can build a team around statistics rather…
TABLE POUNDERS: How to Quantify their Input and Still Keep your Project on Track
Too often I have seen projects go off track due to certain stakeholders I like to refer to as Table Pounders. These are the ones that will speak the loudest and demand that certain…
ALL DATA TELLS A STORY: Understanding simulation models through visual analytics
Simulation models create heaps of performance data for every component in a modeled system (transactional, state, and usage data). However, understanding what that data represents with regards to other data can be very challenging…
On Our Watch – Part 2
I’m writing this post because I feel I left some things unsaid from my last post – On Our Watch. This was mainly spurred from the great comments from fellow engineers who were caring…
On Our Watch
I am disappointed in my fellow engineers. Lately our world has been affected in a negative way due to our actions. I’m talking about the recent investigations into the automotive industry and our…
Gut Decisions: If they are giving you indigestion, it may be due to the data you chew on.
There are a lot of stats on the high percentage of senior leaders making decisions from intuition or gut instincts, but I won’t quote any of those here as 50% of all stats…
K.I.S.S. – Keep It Simple w/ Simulation
In my past experience I have worked on both the engineering side as well as the client when evaluating project scope. Too often I have seen infrastructure incorrectly designed and for many reasons…
Seeing is Believing!
Visual Analytics is key to validating simulation models. Allowing the decision makers to gain comfort that the model is performing as it was intended is being able to see their operations live and…
Simulation Poetry
A picture says a thousand words. A motion picture tells a story. Simulations bring your operations to life!